ICBC Leasing has appointed former GECAS chairman, president and chief executive Norman CT Liu as a senior advisor to assist with the global expansion of the lessor.
Liu stepped down from GECAS in late 2016 after a 30 year career with General Electric, which included 22 years at the aircraft lessor.
ICBC Leasing is a wholly-owned unit of Industrial and Commercial Bank of China.
Source: Cirium Dashboard
Singapore Airlines Group reported a significant drop in its half-year profit – from the previous year’s record high – as it flags a “moderation” in passenger yields from “strong” competition.
India’s Supreme Court has ordered the liquidation of the beleaguered Jet Airways, officially ending any hopes of a revival more than five years after the airline went bankrupt.
Air New Zealand and Pratt & Whitney have broken ground on an extension to their joint Christchurch Engine Centre, with an aim to boost MRO capacity for PW1100G engines.
